Call reports 2022
REPUBLIC FIRST BANK DBA REPUBLIC BANK — 2022
What REPUBLIC FIRST BANK DBA REPUBLIC BANK reported to the FFIEC in 2022, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Total assets | 5,689,864,000 | 5,843,059,000 | 5,985,668,000 | 5,972,192,000 |
| Total loans | 2,566,308,000 | 2,761,111,000 | 3,071,674,000 | 3,140,806,000 |
| Allowance for loan losses | 23,156,000 | 20,997,000 | 25,255,000 | 26,072,000 |
| Securities available for sale | 1,116,108,000 | 1,111,673,000 | 999,521,000 | 897,980,000 |
| Securities held to maturity | 1,649,856,000 | 1,600,085,000 | 1,562,375,000 | 1,629,355,000 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 5,313,192,000 | 5,214,158,000 | 5,253,076,000 | 5,013,842,000 |
| Interest-bearing deposits | 4,523,754,000 | 5,051,610,000 | 3,833,523,000 | 3,723,543,000 |
| Noninterest-bearing deposits | 789,438,000 | 162,548,000 | 1,419,553,000 | 1,290,299,000 |
| Equity capital | 274,073,000 | 237,204,000 | 191,764,000 | 131,095,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Interest income | 38,346,000 | 80,082,000 | 126,030,000 | 179,889,000 |
| Interest expense | 3,250,000 | 6,999,000 | 14,899,000 | 31,753,000 |
| Net interest income | 35,096,000 | 73,083,000 | 111,131,000 | 148,136,000 |
| Noninterest income | 6,731,000 | 13,189,000 | 19,194,000 | 20,774,000 |
| Noninterest expense | 31,571,000 | 61,359,000 | 95,015,000 | 127,702,000 |
| Provision for loan losses | 2,000 | 849,000 | 4,747,000 | 5,528,000 |
| Pretax income | 9,043,000 | 21,773,000 | 27,963,000 | 32,488,000 |
| Income tax | 2,287,000 | 5,389,000 | 6,910,000 | 20,995,000 |
| Net income | 6,756,000 | 16,384,000 | 21,053,000 | 11,493,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2022Q1 | 2022Q2 | 2022Q3 | 2022Q4 |
|---|---|---|---|---|
| Tier 1 capital | 331,341,000 | 341,218,000 | 341,025,000 | 326,646,000 |
| Total capital | 354,497,000 | 362,215,000 | 366,280,000 | 352,718,000 |
| Risk-weighted assets | 3,156,888,000 | 3,351,799,000 | 3,584,024,000 | 3,457,529,000 |